is there a problem with the banks today
- Banking
Deep Dive: Frontier markets require caution due to ‘barrage’ of shocks
The MSCI Frontier Markets index has lost 7.8% since the start of the year to 8 August, while the MSCI…
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UK economy shrinks by 0.1% as cost-of-living crisis sets in
This decline compares to the first three months of this year when GDP actually grew by 0.8%. The reduction was…
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US inflation cools to 8.5% in July
The latest US consumer price index, released by the Bureau of Labor Statistics today (10 August), fell below economists’ expectations…
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FCA warns alternative investment firms of increasing scrutiny
The watchdog’s PS22/10 policy statement will aim to strengthen the financial promotions rules for high-risk investments, improve marketing restrictions and…
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Declining UK IPOs and rising M&A have created a ‘perfect storm’
The number of companies listing on the London Stock Exchange has dramatically decreased compared to last year, down 45% in…
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Growth ambitions delayed as abrdn profits drop and AUM shrinks
According to the firm’s half-year results, adjusted operating profit has dropped 28% compared to the same period last year, down…
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Stock Spotlight: Can Credit Suisse sail through scandal?
Meanwhile, Credit Suisse’s share price has continued to fall, while the firm reported a pre-tax loss of $1.7bn for the…
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